Bitcoin - A risk asset or a system hedge?
Up 40% over the past 10 days![Ahead of the curve mar 21](https://images.ctfassets.net/i0qyt2j9snzb/2cuKCRdLuZioMX4Dl9gpjh/d028389edfbe2e55404774885934ef1a/Ahead_of_the_curve__16_.png?fm=avif)
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In Short
Bitcoin has surged amidst the backdrop of bank collapses and fears of contagion. Is bitcoin acting as a safe haven asset or simply reacting to expectations of potentially lower interest rates? Dive into our latest market report to learn more.
Takeaways
- Bitcoin climbing above $28,000
- Volumes to new highs
- Futures basis to new yearly highs on CME
- Record ProShares flows
- Clear shift in options trading sentiment
- Fluctuating interest rate expectations, and a massive jump in the FED's balance sheet